BIG news: Sensex breaches 38,000-mark for the first time

According to market observers, the fresh record high for the barometer index comes on the back of domestic political development which renews confidence in the incumbent National Democratic Alliance (NDA) government.

On Thursday, Janata Dal United's Harivansh Narayan Singh was elected the Deputy Chairman of the Rajya Sabha. Harivansh was fielded by the BJP-led ruling NDA.